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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| SOLO | -63.26% | -74.1% | -23.68% | -41% |
| S&P | +12.66% | +85.37% | +13.13% | +127% |
Sologenic is introducing a sophisticated ecosystem that facilitates users with investing, trading, and on-demand tokenization of assets such as stocks, ETFs, and fiat on top of the XRP Ledger. A tokenized stablecoin of TSLA stock or USD fiat is presented as TSLAƨ or USDƨ, respectively. These stablecoins are tradable and redeemable against XRP and SOLO on both CoinField exchange & XRPL DEX. Sologenic deploys SOLO coins for market-making and liquidity providing. SOLO coins are issued on the XRP Ledger allowing liquidity to be moved almost instantly. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors, allowing them to trade non-blockchain asset classes, such as stock, ETFs, and commodities, with one single cryptocurrency - SOLO.
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